A REVIEW ON STAKEHOLDER VIEWS ON HR'S IMPACT ON ORGANIZATIONAL RESULTS

Abstract

The basic hypothesis of this study is that the proven relationship between human resource management and organizational presentation may be explained by the efficacy of human resource (HR) practices. This learns adopts a stakeholder viewpoint, implying that leading line managers' evaluations of HR efficiency will be additional powerfully correlated with results than HR director evaluations. Furthermore, based on the idea that consensus is a necessary component of a sturdy HR method, as proposed by Bowen and Sort off, it is proposed that increased performance will be associated with common views of high effectiveness. The study evaluates a range of subjective and objective performance measures using a dataset that consists of 237 matched pairs of higher line director and HR director. The examination confirms the link between an increased number of HR practices and improved HR efficacy, as well as a number of performance indicators. Interestingly, the relationships tend to be stronger in the case of HR effectiveness. Regarding HR effectiveness, there is little consensus among HR and line director, and where it does exist, it does not translate into better results. The study's findings thus confirm the significance of HR efficiency but do not validate the power of consensus.

Keywords: Organizational outcomes, stakeholder consensus, HR effectiveness